Bitcoiners withdraw their coins from exchanges

If there is anything good about the FTX bankruptcy, it is that more and more investors are storing their coins themselves. Because according to data that glass node provides, the number of bitcoin addresses with at least one coin in the account is at an all-time high. In other words, in the wake of the FTX fiasco, traders have increasingly resorted to storing their coins themselves instead of keeping them on the exchange account. Finally, FTX has shown that even the largest BTC exchanges cannot be fully trusted.

By the way: Anyone who holds between one and ten BTC is one of the richest 1.78 percent of all Bitcoin hodlers. This is from a data set of Bitinfocharts out.

source site-52